Tata Steel's Gopalpur Industrial Park attracts Rs 2,500-cr investment

Tata Steel’s Gopalpur Industrial Park has attracted seven projects with an investment line-up of Rs 2,500 crore and an employment potential of 3,000. Located next to the Gopalpur port and around 200 kilometers from Adani'sDhamra port in Odisha, the industrial park is spread over 3000 acre, of which 1200 acre is notified special economic zone (SEZ) and 1800 acre is in the domestic tariff area. However, only one of the seven projects is in the SEZ since SEZs are no more an attractive investment location for industry. Speaking to Business Standard, Ashish Mathur, managing director, Tata Steel Special Economic Zone Ltd, said, “All approvals are in place and four units are functional out of which one is Tata Steel’s ferro chrome plant.”